Plan Snapshot
- Plan Sponsor: Portacool, LLC
- Sponsor EIN: 205726218
- Sponsor Address: 711 FM 2468, CENTER, TX, 75935
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 320 | $8.2M | $366,338 | $558,237 |
| 2023 | 589 | $8.2M | $373,147 | $769,436 |
| 2022 | 503 | $7.4M | $525,231 | $780,642 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NATIONWIDE | RECORDKEEPER | $31,882 | — | $31,882 |
| HILLTOP SECURITIES INC | RECORDKEEPER | — | $19,061 | $19,061 |
| PROACCOUNT | RECORDKEEPER | $6,722 | — | $6,722 |
| FORVIS MAZARS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER
- PROACCOUNT — RECORDKEEPER
- FORVIS MAZARS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,665
- Estimated Expense Ratio: 0.699% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $19,459 | — | — | — | — |
| 2023 | $68,435 | — | — | — | — |
| 2022 | $57,151 | — | $57,151 | — | — |